Port Nicholson Block Settlement Trust must change
Media release
6 January 2012
Port Nicholson Block Settlement Trust must change
Port Nicholson Block
Settlement Trust must change representation model, structure
and protect diminishing Treaty asset
Concern is
growing within Taranaki Whanui (Wellington Atiawa Maori) at
the performance of the Port Nicholson Block Settlement Trust
(PNBST), the entity set up to receive and manage our Treaty
settlement package just two years ago.
Many Taranaki
Whanui were alarmed to read in the recent PNBST annual
report for the year ended 31 March 2011, that:
•
PNBST’s net cash reserves reduced by more than $4m in the
last year
• from a $24.7m initial cash settlement,
the PNBST’s cash holdings have now reduced to $6.9m, along
with the trust having bank borrowings of $5m
•
PNBST recorded a $3m after tax loss for the past year
(should this rate of loss continue, the trust’s entire
settlement asset will be depleted in 9 years)
•
during the past year it had to borrow a further $3.7m to
fund operations, yet total investments only increased by
$0.7m
• gross rental income equated to a yield of
2.3% on investment property
• the annual report
states that since 31 March 2011 the trust has guaranteed a
$3m bank loan taken out by the Wharewaka o Poneke Charitable
Trust
The Crown transferred a settlement package that
included cultural redress, property and $24.7 million cash
to the Trust on settlement day, 2 September 2009.
The
PNBST’s executive Chair is Sir Ngatata Love, who is also
the chair of the two Taranaki Whanui land trusts, Wellington
Tenths Trust and Palmerston North Maori Reserve Trust.
Many Taranaki Whanui are concerned at the structure
of the Trust, which does not separate the political from
commercial operations, as do successful post-settlement
models, particularly Ngai Tahu and Tainui.
In our
view, it is imperative that the PNBST’s structure is
changed, to provide separation between the delivery of
social and cultural programmes and the management of our
commercial assets.
This lack of separation is not
best practice. It opens up the risk of internal political
interference in the running of the commercial operation, and
the two require completely different cultural approaches and
skill sets.
Fortunately there is the opportunity to
make this separation, before it is too late and our
settlement asset loses more value.
The settlement
Trust deed provides for a review of the terms and operation
of the Trust deed (and, in particular, arrangements relating
to the election of Trustees and all other aspects of
Taranaki Whanui representation within the Trust) to be
initiated within two years of the settlement date.
That review must “have regard to the tikanga of
Taranaki Whanui ki Te Upoko o Te Ika”.
This review
is of critical importance to our people and the future
representation on the PNBST.
For while we are deeply
concerned about the management of the settlement property,
of greater concern is the representation of Marae Manawhenua
(the people with the Mana of the land) on the PNBST.
The original representative structure does not
reflect the cultural significance of Te Upoko o Te Ika (the
head of the fish – the Wellington and Hutt Valley region)
or the role of the three Wellington Atiawa-based Marae: Te
Arohanui ki Te Tangata Marae in Waiwhetu, Te Tatau o Te Po
Marae in Petone and Pipitea Marae in Thorndon.
The
Marae have been carrying on the day-to-day business and
cultural matters of our people for generations. We can’t
ignore this. It is our Maoritanga.
Yet to date the
PNBST has ignored our Marae. This must change.
This
issue of representation must be the most important focus of
the review. Because currently, the Government, local bodies
and others are recognising the PNBST as the mandated
representative of the Atiawa people for all purposes – and
it is not!
An example was the $7m allocated by the
Government for the building of the Wharewaka on
Wellington’s waterfront. This money was aligned to the
settlement, came from Vote Maori, and was signed off by the
Minister of Maori Affairs, Hon Dr Pita Sharples, after
mandate letters from PNBST, the Wellington Tenths Trust and
Palmerston North Maori Reserve Trust, were produced
confirming mandate from “Taranaki Whanui”. They did not.
The keepers of Taranaki Whanui ahi kaa (the keepers
of the home fires – the three Marae) had no say nor gave
mandate for this money to be put into a building which
provides no benefit or cultural connection for our people.
We would have expected to own the Wharewaka.
Instead,
the Wellington waterfront Wharewaka is owned by a charitable
trust (chaired by Sir Ngatata Love) for the benefit of all
the peoples of New Zealand.
The Wharewaka example
demonstrates the issue facing Taranaki Whanui in terms of
representation. When Government, government agencies or
councils want to liaise with Taranaki Whanui, they head to
the PNBST. Yet in doing so, they are neglecting the three
Marae who represent the heart of our people.
That is
why the current review is a critical moment in the history
of our people. (The review is being facilitated by Craig
Ellison, Deputy Chair at NIWA, trustee of Poutama Trust and
Chair of the New Zealand Seafood Standards Council.)
Originally, the review identified six non-Marae
venues (at the Wharewaka, and mostly at hotels) to hold hui
during October to December.
We objected strenuously
to this. Eventually Mr Ellison agreed to hold review hui at
Te Tatau o Te Po Marae in Petone on Saturday 17 December and
Waiwhetu Marae on Monday 16 January. Not only are these
venues culturally appropriate, but most of our people live
in the greater Hutt Valley – Te Awakairangi region, so it
is easier for them to attend.
At these hui, we will
be proposing a political and commercial separation within
the PNBST, and a new representation structure that has
proper regard for the tikanga of our people.
If we
fail, based on the loss recorded in the past year, the
settlement we fought for so hard could be frittered away
within a decade, and our people’s chance of cultural and
social advancement will not be realised.
The stakes
are high. For our people today, our mokopuna tomorrow and
the cultural fabric of the greater Wellington region into
the
future.
ends
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